Big Data is big business – and South African banks are getting on board to reap the rewards of the granular information about their customers, afforded to them by the data revolution. Big Data has implications in terms of tracking fraud, understanding of customer behavior and even marketing, but it doesn’t come without its own set of pitfalls. Essentially, Big […]
It’s a decentralised virtual currency which allows for international transactions without banks, buyer and seller names or traditional financial regulations, run on open-source code and publicly-verified by a collective of peer-to-peer operators. Bitcoin is the anti-currency which has adopters rubbing their hands, as much as it has regulators scratching their heads – but nobody’s quite sure if it’s the currency […]
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